US chipmaker Advanced Micro Devices (AMD) has revealed its intentions to establish its largest design center in Bengaluru, with an investment of approximately $400 million over the next five years. The announcement was made by AMD's Chief Technology Officer, Mark Papermaster, during the annual semiconductor conference in Gujarat, which commenced on July 28.
The new design center is slated to open its doors in Bengaluru before the year's end, and its establishment is expected to create 3,000 engineering positions within the span of five years. Papermaster emphasized the significance of their India teams in delivering high-performance and adaptive solutions that cater to AMD's global clientele.
AMD's latest expansion in India will be a state-of-the-art campus covering 500,000 square feet, making it the newest addition to the company's presence in the country. With this addition, AMD will have a total of 10 locations in India, further solidifying its commitment to the region. Presently, the company employs over 6,500 individuals in the country.
Mark Papermaster, the Chief Technology Officer of AMD, also revealed plans to bolster the company's research and development capabilities in India. As a leading chip manufacturer, AMD's chips are integral components in a wide array of devices, spanning from personal computers to data centers. Moreover, the company is actively engaged in developing an artificial intelligence chip, showcasing its dedication to technological advancement and innovation.
The speakers at the event included not only Papermaster but also Foxconn Chairman Young Liu, Micron CEO Sanjay Mehrotra, and Vedanta’s Anil Agarwal. Micron had previously disclosed its plan to invest $825 million in a semiconductor testing and packaging unit in Gujarat.
'SemiconIndia 2023', held in collaboration with industry and industry associations, is organized by India Semiconductor Mission with the goal of establishing India as a prominent global hub for semiconductor design, manufacturing, and technology development.
At 10:30 am on Friday, Prime Minister Narendra Modi officially inaugurated the event.
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